(a) General rule.--Except as otherwise provided in the scope provisions of subsequent provisions of this chapter, this chapter shall apply to and the word "corporation" in this chapter shall mean:
(1) A domestic or foreign corporation for profit.
(2) A domestic or foreign corporation not-for-profit.
(b) Corporations claiming exemption from power of the General Assembly.--Any provision of this chapter otherwise applicable to a corporation claiming exemption from the power of the General Assembly shall be inapplicable to such corporation to the extent, and only to the extent, required by the Constitution of the United States or the Constitution of Pennsylvania, or both.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
Section 501 - Reserved power of General Assembly
Section 502 - Application of chapter
Section 503 - Actions to revoke corporate franchises
Section 504 - Validation of certain defective corporations
Section 505 - Validation of certain defective corporate acts
Section 506 - Scope and duration of certain franchises
Section 507 - Validation of certain share authorizations
Section 511 - Application and effect of subchapter
Section 512 - Standard of care, justifiable reliance and business judgment rule
Section 513 - Personal liability of directors
Section 514 - Presumption of assent
Section 515 - Exercise of powers generally
Section 516 - Alternative standard
Section 517 - Limitation on standing
Section 518 - Nonexclusivity and supplementary coverage
Section 521 - Pensions and allowances
Section 522 - Indemnification of authorized representatives
Section 523 - Actions by shareholders or members to enforce a secondary right